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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

MOSCOWRussia's industrial output fell 18.8% in January from the preceding month, data showed Monday, reflecting long New Year holidaysThe Federal Statistics Service data, however, showed that industrial output declined only by 0.2% in January compared with the same period a year earlierIndustrial production showed no growth in 2013, which Deputy Economy Minister Andrei Klepach previously dubbed as "a year of missed opportunities."Industrialists have repeatedly called for a cut to central bank interest rates but the latter has said it would consider monetary easing only after inflation slows to its target rangeLast week the Bank of Russia left its rates unchanged for the 16th time in a row but said it is ready to tighten policy if the recent ruble weakening begins to pose a risk of higher inflation